Price Reduction
Address
715 Rice Street E, Wayzata, MN
Price
$ 3,695,000
Property Attributes
  • ID#7022564
  • TypeSingle Family
  • Listing Status Active
  • CountyHENNEPIN
  • CityWayzata
  • AreaWayzata
  • NeighborhoodWayzata
  • Zip55391
  • StyleSingle Family
  • Year Built2001
  • Taxes$ 34586
  • Price$ 3,695,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms2
  • Sqr Footage5314
  • Lot Size0.25 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description

Fresh, modern, updated luxury, all at the heart of downtown Wayzata. Elevator access to all three levels elevates everyday convenience. The first renovation by Denali introduced a bright, open layout with a stunning new kitchen, wide-plank white oak floors, steel beam accents, and a refined primary suite bath. A design continuation by PKA, Engler Studios and Welch Forsman elevated the remaining spaces, delivering a cohesive, sophisticated home, including all new kitchen appliances. The fully remodeled lower level features a sauna and exceptional entertaining space, complemented by all-new mechanicals, AV, cameras, and security systems. A two story entry was artfully converted into a stylish secondary office, while the heated, epoxy coated garage and permeable paver driveway add everyday ease. Thoughtful all-new landscaping frames a private outdoor oasis complete with gas fireplace, fountain, paver patio, and spa. Fresh, whole-house exterior professional painting just completed. Every detail and system has been meticulously addressed—offering an unparalleled, move in ready residence at a fraction of new construction cost.

Price History
3/2/2026 Listed $3,998,000
8/28/2026 8$3,695,000

General Features

Living Area 5314
Sewer City Sewer/Connected
Heating Forced Air,In-Floor Heating
Cooling Central Air
Roof Age 8 Years or Less,Asphalt
Appliances Air-To-Air Exchanger,Cooktop,Dishwasher,Disposal,Double Oven,Dryer,Exhaust Fan,Humidifier,Gas Water Heater,Water Filtration System,Microwave,Refrigerator,Stainless Steel Appliances,Wall Oven,Washer,W
Garage Spaces 2
Pool Features None
Year Built 2001
Electric Circuit Breakers
Levels Two
Property Subtype Single Family
Tax Year 2026
Accessibility Accessible Elevator Installed
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Wayzata
Full Baths 1
Directions Lake Street E to north on Broadway. East on Rice Street to home.
City Wayzata
High School District Wayzata
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 34586
Additional Parcels Y/N No
Virtual Tour https://tours.spacecrafting.com/n3d-fsnrzw
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),French Doors,Hardwood Floors,Hot Tub,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Sauna,Security System,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup
PostalCity Wayzata

Interior Features

Basement Drain Tiled,Egress Window(s),Finished,Full,Concrete,Storage Space,Sump Pump
Total Fireplaces 3
Fireplace Features Family Room,Gas,Living Room,Other,Stone
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 4204
Half Baths 2
3/4 Baths 2
Laundry Features Laundry Room,Upper Level
Total Bedrooms 3
Below Grade Finished Area 1110
Total Baths 5
Bath Desc 1/2 Basement,Double Sink,Bathroom Ensuite,Full Primary,His and Her Closets,Private Primary,Main Floor 1/2 Bath,Sauna,Separate Tub & Shower,Upper Level 3/4 Bath,Upper Level Full Bath
Dining Room Description Breakfast Area,Living/Dining Room,Separate/Formal Dining Room
Fuel Natural Gas
Garage Dimensions 25x25
Garage Door Width 8
Garage Square Feet 679

Exterior Features

Fencing Full
Parking Features Attached Garage,Driveway - Other Surface,Floor Drain,Garage Door Opener,Heated Garage,Insulated Garage
Lot Features Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.25
Building Area Total 6027
Lot Dimensions 66x165x66x166
Waterfront Y/N No
Foundation Area 1823
Road Frontage Type City Street,Paved Streets
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 55391

Price
AVG $3.97M
$3.7M
Taxes
AVG $28,710
$34,586
Year Built
AVG 1996
2001
Visits
AVG 167
44
Data Provided by Inside Real Estate®

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